FacebookTwitterEmailLinkedin According to GMS’ latest ship-recycling report, renewed geopolitical tensions, stronger freight earnings and mixed regional market conditions are keeping recycling activity subdued, with yards fed by deliveries but fresh tonnage supply remaining scarce. The sanctions package that landed last week barely had time to settle before the shooting resumed. Renewed U.S. strikes and Iranian retaliation ended the recent lull, while commercial traffic through Hormuz again ran below preconflict levels. For Gulf-positioned recycling candidates, the immediate risk has shifted back from sanctions paperwork to passage, insurance and physical security. The strait is functioning. Normality is not. RelatedNews Shipping industry welcomes proposed addition of Indian yards to European List GMS: Strong buyer appetite persists as ship-recycling supply remains thin var jnews_module_21381362_0_6a9e9e2d90010 = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21381362","include_category":"","exclude_category":"","include_author":"","include_tag":"1974,568,3317","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showt